Feels like people write that like it somehow is failure on investors side.
If you are investor on US market having 300M people speaking roughly the same language and then high possibility to easily spill over the world upsides on the bet are really high, burning cash to have a chance hitting jackpot are much much higher than in EU.
In EU you are starting in a single country so like 60M people and your payoff is capped from start at most likely scenario you go big in a single country and then you basically have clean start in next country.
That is the reality of game theory, not some failure of imagination or being scared to take risks - payoff is just not there, in US you have a shot at insane payoff in relatively short term.
> If you are investor on US market having 300M people speaking roughly the same language and then high possibility to easily spill over the world upsides on the bet are really high
The topic is cloud providers. Do you think it would be critical for a EU-based cloud provider to translate their admin GUI to Elfdalian, Basque and Romansh in order to succeed? Or perhaps there are some deeper underlying causes for European failure in modern computer tech that you can think of?
If you are investor on US market having 300M people speaking roughly the same language and then high possibility to easily spill over the world upsides on the bet are really high, burning cash to have a chance hitting jackpot are much much higher than in EU.
In EU you are starting in a single country so like 60M people and your payoff is capped from start at most likely scenario you go big in a single country and then you basically have clean start in next country.
That is the reality of game theory, not some failure of imagination or being scared to take risks - payoff is just not there, in US you have a shot at insane payoff in relatively short term.